Information About

Colgate-palmolive




  Public () Company Slogan "World of Care" foundation
  1953 location = New York City ,
  "http://wwwinformationdelightinfo/information/entry/USA" class="copylinks">USA key_people = Ian Cook , [[President & Chief
  Executive OfficerCEO]] Num Employees 36,000 industry
  Personal Products products = revenue =
  $11396 Billion ( "http://wwwinformationdelightinfo/information/entry/2007" class="copylinks">2007 ) net_income = $1351 billion
  ( "http://wwwinformationdelightinfo/information/entry/2007" class="copylinks">2007 ) homepage = [http://wwwcolgatecom/



HISTORY

In 1806 , William Colgate , himself a soap and candle maker, opened up a starch, soap, and candle factory on Dutch Street in New York City under the name of "William Colgate & Company". In the 1840 s the firm began selling individual bars in uniform weights. In 1857 , William Colgate died and the company was reorganized as "Colgate & Company" under the management of Samuel Colgate, his son. In 1872 , Colgate introduced ''Cashmere Bouquet'', a perfumed soap. In 1873 , the firm introduced its first toothpaste, an aromatic toothpaste sold in jars. His company sold the first toothpaste in a tube, ''Colgate Ribbon Dental Cream'', in 1896 . By 1908 they initiated mass selling of toothpaste in tubes. In Milwaukee , Wisconsin, the B.J. Johnson Company was making a soap entirely of Palm and Olive Oil , the formula of which was developed by B.J. Johnson in 1898. The soap was popular enough to rename their company after it - Palmolive .http://www.colgate.com/app/Colgate/US/Corp/History/1806.cvsp
At the turn of the century, Palmolive, which contained both palm and olive oils, was the world's best-selling soap. A Kansas based soap manufacturer known as the Peet Brothers merged with Palmolive to become Palmolive-Peet. In 1928 , Palmolive-Peet bought the Colgate Company to create the Colgate-Palmolive-Peet Company. In 1953 "Peet" was dropped from the title, leaving only "Colgate-Palmolive Company", the current name. Colgate-Palmolive has long been in fierce competition with Procter & Gamble , the world's largest Soap and Detergent maker. P&G introduced its Tide Laundry Detergent shortly after World War II , and thousands of consumers turned from Colgate's soaps to the new product. Colgate lost its number one place in the Toothpaste market when P&G started putting
Fluoride in its toothpaste. In the beginning of Television , Colgate-Palmolive wished to compete with Procter & Gamble as a sponsor of Soap Opera s. Although the company sponsored many shows in part, they were most famous for being the full sponsor of the
serial '' by Colgate-Palmolive South Africa LTD, they are 5oz/100ml tubes (a size which Colgate does not sell in the United States) and the tubes/packaging contain numerous mis-spellings on their labels. Colgate-Palmolive claims that the they do not import their products from South Africa into the United States or Canada and that DEG is never and was never used in any of their products anywhere in the world. The Counterfeit products were found in smaller "mom and pop" stores, dollar stores and discount stores in at least four states. http://www.msnbc.msn.com/id/19214360/ Recently, sales of Colgate branded toothpaste has suffered due to the scenario that has recently occurred. At the same time, Crest's profits have risen tremendously.

Educational and community involvement

In 1890, Colgate University was re-named in honor of the Colgate
family following decades of financial support and involvement. Also,
for the past 33 years the Colgate-Palmolive Company has sponsored a
Non-profit track meet open to Women of all ages. This event is
called the Colgate Women's Games. The Colgate Women's Games is the
nation's largest amateur track series open to all girls from
Elementary School through College . Held at Brooklyn 's Pratt
Institute, competitors participate in preliminary meets and semi-finals
over five weekends throughout January. Finalists compete for trophies
and educational grants-in-aid from Colgate-Palmolive Company at New
York City's Madison Square Garden in February. The goal is to
provide an Athletic competition that helps the
participating young girls and women develop a strong sense of
Personal Achievement , Self-esteem , instill the importance of
Education and provide a Training ground for those who might not
otherwise participate in an Organized Sport .

ENVIRONMENTAL RECORD

Colgate-Palmolive Company's environmental reporting has received the lowest rating from the Ethical Consumer Research Association . In addition, it has received a low rating for its use of Animal Testing . EthicalConsumer magazine's online shopping guide . (URL accessed June
25, 2007). Colgate-Palmolive is one of the companies responsible for Hazardous Waste at the Chemsol federal Superfund Site in Piscataway , New Jersey. Their involvement in this site has contributed to the Contamination of an estimated 18,500 cubic yards of Soil with Volatile Organic Compounds (VOCs), Polychlorinated Biphenyl (PCBs), and Lead off-site. A proposed $23 million agreement with the government and state of New Jersey would require Colgate-Palmolive and the other involved companies to pay for the cleanup of this hazardous waste that is contaminating the soil as well as the Groundwater .[http://knowmore.org/index.php/Colgate_Palmolive_Company
Knowmore.org]. (URL accessed June 25, 2007).

CORPORATE GOVERNANCE

Current members of the , Ronald E. Ferguson, Ellen Hancock , David W. Johnson, Richard Kogan, Delano Lewis , Reuben Mark, Elizabeth Monrad, Stephen Sadove and Howard Wentz. Chief Executive Reuben Mark has officially retired July 1, 2007. Ian Cook, President and CEO , will replace him.

Employment diversity

Colgate-Palmolive was named one of the "100 Best Companies for Working Mothers" in 2004 by
'' Working Mothers '' magazine.

BRANDS

.]]
Colgate now markets a broadly diversified mix of products in the
United States and other countries. Major product areas include
household and personal care products, food products, health care and
industrial supplies, and sports and leisure time equipment.

fact that is a blessing and a curse. In many countries the Brand
has become a Generic , with people walking into shops and asking for
"Colgate" when they actually mean toothpaste. This has prompted
numerous local toothpastes to come up with copycat artwork on their
packs, especially in India . Consequently, the legal department of
Colgate-Palmolive (India) Ltd. has been involved in multiple
Litigations . links below.

ADVERTISING

The iconic hand on the Palmolive dishwashing soap label belongs to Elizabeth Barbour .
The image is a highly illustrated photograph taken in 1985 when the
Colgate-Palmolive Company updated the image and hired Barbour who was a
hand model with the Ford Agency in New York City .

TRANSLATION

  • It is a common fun-fact that the word ''colgate'' translates to "hang yourself" in varieties of Spanish that use Voseo (for example in Rioplatense Spanish ).

  • REFERENCES



SEE ALSO